The Direxion Daily 20-Yr Treasury Bull 3x ETF (TMF) closed up 1.19% at $40.85 on January 30, as U.S. Treasury yields dipped amid mixed economic signals. The yield on the 10-year Treasury fell 3.2 basis points to 4.522%, reflecting increased demand for safer assets as investors reacted to economic data indicating a slowdown in U.S. growth and stagnation in key European economies. The European Central Bank's decision to lower its deposit rate by 0.25 percentage points further contributed to the decline in yields, as did the drop in the 10-year German bund yield by 6.7 basis points. In the U.S., GDP growth decelerated to an annualized rate of 2.3% in the fourth quarter, down from 3.1% in the third quarter, while jobless claims fell to their lowest level in three weeks, suggesting a resilient labor market. Fed Chair Jerome Powell's comments on a measured approach to monetary policy reinforced expectations of a patient Federal Reserve, with fed-funds futures traders pricing in a 32.9% probability of two quarter-point rate cuts in 2025.